Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Linc Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 137 | 112 | 131 | 120 | 138 | 128 | 135 | 118 | 151 | 134 | 136 | 125 | 137 |
| Expenses + | 118 | 99 | 119 | 107 | 122 | 114 | 119 | 104 | 132 | 122 | 120 | 113 | 120 |
| Operating Profit | 20 | 13 | 13 | 14 | 17 | 14 | 16 | 14 | 19 | 13 | 15 | 12 | 17 |
| OPM % | 14% | 12% | 10% | 11% | 12% | 11% | 12% | 12% | 13% | 9% | 11% | 10% | 13% |
| Other Income + | 1 | 1 | 2 | 1 | 3 | 1 | 0 | 2 | 2 | 1 | 2 | 2 | 3 |
| Interest | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Depreciation | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Profit before tax | 17 | 10 | 10 | 10 | 15 | 11 | 12 | 12 | 17 | 10 | 14 | 10 | 16 |
| Tax % | 26% | 26% | 25% | 25% | 25% | 26% | 26% | 25% | 25% | 26% | 25% | 27% | 26% |
| Net Profit + | 12 | 7 | 8 | 8 | 11 | 8 | 9 | 9 | 13 | 7 | 10 | 7 | 12 |
| EPS in Rs | 2.08 | 1.24 | 1.30 | 1.27 | 1.93 | 1.41 | 1.48 | 1.49 | 2.13 | 1.23 | 1.71 | 1.25 | 1.96 |
Financials of Linc Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 308 | 331 | 344 | 327 | 363 | 393 | 257 | 355 | 487 | 502 | 531 | 532 |
| Expenses + | 283 | 300 | 311 | 301 | 338 | 354 | 246 | 333 | 425 | 446 | 468 | 475 |
| Operating Profit | 25 | 31 | 34 | 26 | 25 | 38 | 10 | 22 | 62 | 56 | 63 | 57 |
| OPM % | 8% | 9% | 10% | 8% | 7% | 10% | 4% | 6% | 13% | 11% | 12% | 11% |
| Other Income + | 0 | 1 | 0 | 1 | 2 | 3 | 1 | 3 | 3 | 7 | 5 | 9 |
| Interest | 1 | 2 | 2 | 5 | 6 | 5 | 3 | 1 | 1 | 2 | 2 | 2 |
| Depreciation | 6 | 6 | 8 | 10 | 10 | 13 | 13 | 13 | 14 | 15 | 15 | 15 |
| Profit before tax | 18 | 25 | 24 | 12 | 11 | 23 | -4 | 11 | 50 | 46 | 52 | 49 |
| Tax % | 21% | 26% | 28% | 37% | 53% | 17% | -101% | 25% | 25% | 25% | 26% | 26% |
| Net Profit + | 14 | 18 | 17 | 8 | 5 | 19 | 0 | 8 | 37 | 34 | 39 | 37 |
| EPS in Rs | 2.42 | 3.09 | 2.92 | 1.32 | 0.87 | 3.24 | 0.01 | 1.37 | 6.30 | 5.74 | 6.50 | 6.15 |
| Dividend Payout % | 26% | 24% | 26% | 28% | 43% | 12% | 0% | 33% | 20% | 22% | 23% | 24% |
Financials of Linc Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 30 | 30 |
| Reserves | 73 | 86 | 104 | 106 | 106 | 122 | 120 | 128 | 162 | 188 | 204 | 231 |
| Borrowings + | 18 | 31 | 51 | 66 | 62 | 47 | 9 | 3 | 1 | 19 | 20 | 20 |
| Other Liabilities + | 42 | 53 | 41 | 51 | 50 | 61 | 57 | 55 | 59 | 75 | 76 | 69 |
| Total Liabilities | 148 | 185 | 210 | 237 | 232 | 245 | 200 | 202 | 237 | 296 | 330 | 350 |
| Fixed Assets + | 30 | 42 | 47 | 67 | 75 | 76 | 68 | 81 | 89 | 111 | 110 | 103 |
| CWIP | 0 | 2 | 11 | 0 | 1 | 3 | 3 | 1 | 1 | 9 | 15 | 34 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 15 |
| Other Assets + | 117 | 142 | 152 | 170 | 157 | 167 | 129 | 119 | 147 | 176 | 196 | 198 |
| Total Assets | 148 | 185 | 210 | 237 | 232 | 245 | 200 | 202 | 237 | 296 | 330 | 350 |
Financials of Linc Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 25 | 10 | 9 | 13 | 33 | 38 | 47 | 20 | 43 | 38 | 57 | |
| Cash from Investing Activity + | -4 | -18 | -22 | -18 | -17 | -14 | -4 | -14 | -29 | -23 | -35 | |
| Cash from Financing Activity + | -20 | 7 | 13 | 5 | -17 | -25 | -43 | -6 | -7 | -10 | -10 | |
| Net Cash Flow | 1 | -1 | -0 | 0 | -0 | 0 | 0 | -0 | 8 | 5 | 12 | |
| Free Cash Flow | 21 | -9 | -13 | -5 | 16 | 25 | 43 | 6 | 19 | 12 | 41 | |
| CFO/OP | 120% | 44% | 49% | 60% | 142% | 115% | 446% | 107% | 92% | 90% | 111% |
Financials of Linc Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 48 | 53 | 42 | 51 | 43 | 40 | 51 | 35 | 29 | 37 | 35 | 34 |
| Inventory Days | 110 | 129 | 124 | 130 | 101 | 122 | 132 | 99 | 98 | 110 | 102 | 108 |
| Days Payable | 37 | 48 | 31 | 46 | 37 | 62 | 81 | 62 | 49 | 68 | 64 | 57 |
| Cash Conversion Cycle | 121 | 133 | 135 | 135 | 107 | 101 | 102 | 73 | 78 | 80 | 73 | 85 |
| Working Capital Days | 61 | 58 | 62 | 60 | 57 | 64 | 77 | 62 | 54 | 61 | 54 | 67 |
| ROCE % | 18% | 22% | 17% | 9% | 9% | 16% | -1% | 8% | 31% | 24% | 22% | 19% |